The Cointelegraph Press Review

Cointelegraph.com News

• Bitcoin price eyes $74K rematch as US PCE inflation boosts crypto, stocks
  Bitcoin bulls squeezed the market toward $74,000 again as promising US inflation data buoyed risk assets, but BTC price forecasts stayed mixed.Bitcoin (BTC) aimed for five-week highs at Thursday’s Wall Street open as US inflation trends stayed on track.Key points:US inflation data keeps crypto and stocks higher as BTC price action tests $74,000 again.Read more
• Here’s what happened in crypto today
  Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.Today in crypto, Hong Kong is set to issue its first stablecoin issuer licenses, with HSBC and Standard Chartered likely among a “very small number” of initially approved […]
• Crypto millionaire’s Nevis project offers residents $100 a month: FT
  Olivier Janssens’ Destiny project offered Nevis residents $100 a month if the government approves the development, triggering sharp local criticism, the Financial Times reported.Belgian-born crypto millionaire, Olivier Janssens, reportedly offered to pay Nevis residents $100 per month if the government approves his development plans for a tech-friendly libertarian community on the Caribbean island.Jannsens’ Destiny, a […]
• DOJ and Europol take down SocksEscort network tied to crypto fraud
  Law enforcement agencies seized 34 domains, 23 servers and froze $3.5 million in crypto linked to SocksEscort, a proxy service that hijacked 369,000 devices.US and European authorities said Thursday they had disrupted SocksEscort, a malicious proxy service used by cybercriminals to hide their identities while carrying out fraud, including cryptocurrency account takeovers.The DOJ said the […]
• Yield-bearing stablecoins surge as Washington fights over yield
  Yield-bearing stablecoins are growing faster than the broader market as US lawmakers remain divided over how crypto yield should be regulated.Yield-bearing stablecoins are growing faster than the broader stablecoin market, according to Messari, as Washington remains divided over how crypto-linked yield should be treated under US law.Yield-bearing stablecoins have outpaced the growth of the broader […]
• UK central bank is warming up to stablecoins, but says industry input is lacking
  The Bank of England is open to fixes on its proposed stablecoin framework, but one official said it needs better feedback from crypto industry participants.The Bank of England’s (BOE) position on stablecoins is evolving to a more friendly stance, but according to the bank’s deputy governor, constructive dialogue with the industry is still lacking.The UK’s […]
• Bitcoin’s ‘narrative vacuum,’ Ethereum now inevitable: Trade Secrets
  Bitcoin hit by macro in the absence of a strong narrative, Ethereum down for now, but AI and CLARITY Act make it unstoppable. Trade Secrets